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Keaubie Co. issued $300,000, 8%, 15-year bonds payable at a price of 104, on Jan. 1 a. Journalize the issuance of the bonds b. Journalize

Keaubie Co. issued $300,000, 8%, 15-year bonds payable at a price of 104, on Jan. 1

a. Journalize the issuance of the bonds

b. Journalize the first semi - annual interest payment and amortization of the discount or premium.

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